FEESTVERLICHTING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FEESTVERLICHTING
Largest movements
- Receivables within one year +€120,031
up €120,031 (+71.2%), from €168,488 to €288,519
of which Other amounts receivable: +€84,951
- Cash -€101,563
down €101,563 (-90.6%), from €112,142 to €10,579
mainly Receivables within one year (-€120,031) and Investment in fixed assets (net) (-€6,146)
- Tangible fixed assets +€6,146
up €6,146 (+5.3%), from €115,955 to €122,101
of which Land and buildings: +€6,146
- Trade debts +€18,628
up €18,628 (+520%), from €3,584 to €22,212
- Turnover +€32,328
up €32,328 (+30.6%), from €105,787 to €138,115
- Gross operating margin +€25,051
up €25,051, from -€1,817 to €23,234
- Purchases and services +€7,277
up €7,277 (+6.8%), from €107,604 to €114,881
- Other operating charges +€3,799
up €3,799 (+204%), from €1,859 to €5,658
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €472,587 | €495,999 | +€23,412 | +5.0% |
| Fixed assets | 21/28 | €147,776 | €153,922 | +€6,146 | +4.2% |
| Tangible fixed assets | 22/27 | €115,955 | €122,101 | +€6,146 | +5.3% |
| Land and buildings | 22 | €78,577 | €84,723 | +€6,146 | +7.8% |
| Assets under construction and advance payments | 27 | €37,378 | €37,378 | = | 0.0% |
| Financial fixed assets | 28 | €31,821 | €31,821 | = | 0.0% |
| Current assets | 29/58 | €324,811 | €342,077 | +€17,266 | +5.3% |
| Stocks and contracts in progress | 3 | €19,373 | €15,373 | -€4,000 | -20.6% |
| Stocks | 30/36 | €19,373 | €15,373 | -€4,000 | -20.6% |
| Amounts receivable within one year | 40/41 | €168,488 | €288,519 | +€120,031 | +71.2% |
| Trade receivables | 40 | €17,144 | €52,224 | +€35,080 | +205% |
| Other amounts receivable | 41 | €151,344 | €236,295 | +€84,951 | +56.1% |
| Cash at bank and in hand | 54/58 | €112,142 | €10,579 | -€101,563 | -90.6% |
| Deferred charges and accrued income | 490/1 | €24,808 | €27,606 | +€2,798 | +11.3% |
| Total equity and liabilities | 10/49 | €472,587 | €495,999 | +€23,412 | +5.0% |
| Equity | 10/15 | €469,003 | €473,787 | +€4,784 | +1.0% |
| Contributions | 10/11 | €81,000 | €81,000 | = | 0.0% |
| Capital | 10 | €81,000 | €81,000 | = | 0.0% |
| Issued capital | 100 | €81,000 | €81,000 | = | 0.0% |
| Reserves | 13 | €378,300 | €378,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,300 | €3,300 | = | 0.0% |
| Legal reserve | 130 | €3,300 | €3,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €375,000 | €375,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,703 | €14,487 | +€4,784 | +49.3% |
| Amounts payable | 17/49 | €3,584 | €22,212 | +€18,628 | +520% |
| Amounts payable within one year | 42/48 | €3,584 | €22,212 | +€18,628 | +520% |
| Trade debts | 44 | €3,584 | €22,212 | +€18,628 | +520% |
| Suppliers | 440/4 | €3,584 | €22,212 | +€18,628 | +520% |
| Turnover | 70 | €105,787 | €138,115 | +€32,328 | +30.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €107,604 | €114,881 | +€7,277 | +6.8% |
| Other operating charges | 640/8 | €1,859 | €5,658 | +€3,799 | +204% |
| Non-recurring operating charges | 66A | €117 | €12,722 | +€12,605 | +10,774% |
| Gross operating margin | 9900 | -€1,817 | €23,234 | +€25,051 | |
| Operating profit (loss) | 9901 | -€3,793 | €4,854 | +€8,647 | |
| Financial charges | 65/66B | €171 | €70 | -€101 | -59.1% |
| Recurring financial charges | 65 | €171 | €70 | -€101 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,964 | €4,784 | +€8,748 | |
| Profit (loss) for the period | 9904 | -€3,964 | €4,784 | +€8,748 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,964 | €4,784 | +€8,748 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.